Alexandra Palt is leaving her role as general manager of social and environmental responsibility at L’Oréal as of April 1, 2024, to begin a new personal chapter devoted to focus on “personal endeavours”. She will remain CEO of the Fondation L’Oréal until 30th June 2024 and will then sit on the board of the Fondation L’Oréal.
Alexandra Palt joined L’Oréal Groupe as Chief Sustainability Officer in 2013 and was nominated to the Executive Committee as Chief Corporate Responsibility Officer in 2019. “During her twelve-year tenure as Chief Corporate Responsibility Officer, Alexandra’s leadership has had a profound impact across the group and wider industry. She helped L’Oréal Groupe define and work towards ambitious targets to combat climate change and preserve biodiversity, while introducing group- and industry-wide transparency initiatives such as Product Impact Labelling (PIL) and the EcoBeautyScore,” said the global beauty giant in a statement.
In 2020, she launched L’Oréal for the Future, an operational roadmap for transforming the group’s business while respecting planetary boundaries. She also launched two impact investing funds, the L’Oréal Fund for Nature Regeneration and the Circular Innovation Fund.
Alexandra will be succeeded as Chief Corporate Responsibility Officer by Ezgi Barcenas, who joins L’Oréal Groupe from AB InBev, where she was Chief Sustainability Officer and served as a member of the senior leadership team. During her ten years at AB InBev, Ezgi established and ran the global sustainability function, having architected AB InBev’s ‘net-zero by 2040’ ambitions. Ezgi oversaw the company’s award-winning sustainability start-up program, 100+ Accelerator, now in its fifth year. Based in New York, she will join the group on 1st March 2024.